Overview
In 2001, the London Stock Exchange will be 200 years old, though its origins go back a century before that. This book traces the history of the London Stock Exchange from its beginnings around 1700 to the present day, chronicling the challenges and opportunities it has faced, avoided, or exploited over the years.Throughout, the history seeks to blend an understanding of the London Stock Exchange as an institution with that of the securities market of which it was - and is - such an important component. One cannot be examined satisfactorily without the other. Without a knowledge of both, for example, the causes of the 'Big Bang' of 1986 would forever remain a mystery. However, the history of the London Stock Exchange is not just worthy of study for what it reveals about the interaction between institution and market. Such was the importance of the London Stock Exchange that its rise to world dominance before 1914, its decline thereafter, and its renaissance from the mid-1980s, explain a great deal about Britain's own economic performance and the working of the international economy.For the first time a British economic institution of foremost importance is studied throughout its entire history, with regard to the roles played and the constraints under which it operated, and the results evaluated against the background of world economic progress.
Full Product Details
Author: Ranald Michie (Professor of History, Professor of History, University of Durham)
Publisher: Oxford University Press
Imprint: Oxford University Press
Edition: New edition
Dimensions:
Width: 15.60cm
, Height: 3.60cm
, Length: 23.50cm
Weight: 1.048kg
ISBN: 9780199242559
ISBN 10: 0199242550
Pages: 688
Publication Date: 26 April 2001
Audience:
Professional and scholarly
,
Professional & Vocational
Format: Paperback
Publisher's Status: Active
Availability: To order
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.
Reviews
Michie offers a richly detailed and well-documented narrative, written in cogent prose and intermittently enlivened with understated wit ... Michie's impressive book now sets the standard. Anyone with an interest in English financial development or corporate history will find his book to be of value. Financial History Review
Michie offers a richly detailed and well-documented narrative, written in cogent prose and intermittently enlivened with understated wit ... Michie's impressive book now sets the standard. Anyone with an interest in English financial development or corporate history will find his book to be of value. Financial History Review
Author Information
Ranald Michie is Professor of History at the University of Durham where he has been since 1974. He has also held visiting research fellowships in both the United States and Canada and has delivered papers in numerous international institutions. His international speciality is the history of stock exchanges having conducted research in both the British Isles and North America.
